Savings bank



Feb. 5 1924.

G. D. GALLAGHER SAVINGS BANK Filed Nov. 22, 1921 AITORNEYS Patented Feb. 5, 1924,

UNITED STATES P TNT FFICE.v

GEORGE n. GALLAGHER, or WASHINGTON, nrsrnror or COLUMBIA, ASSIGNOR T0 JOHN FLOYD .GISSEL, or WASHINGTON, nrsrnror or COLUMBIA.

SAVINGS BANK.

Application filed November 22, 1921.

rated therein which can'only be wound and set upon the insertion of a coin of a specified denomination. 1

While banks having clocks controlled by a coin deposit mechanism have long been known, nevertheless, such 'bankshave not come into general use as a means of 1nduo-' ing thrift and securing new accounts for savin s institutions for the reason that they have Ioeen of complicated construction and therefore expensive as well'as unreliable. Therefore, one of the objects of the present invention is to provide a bank having a time piece combined with a coin controlled Winding means of exceedingly simple construction and. consequently inexpensive to manufacture and reliable in operation.

Also, a furtherobject resides inproviding a coin controlled mechanism of such:

type that astandard time piece, as. for instance an Ingersoll watch, inaybeused-in the bank without in any way altering said time piece from the standard article sold in the open market.

Another object is the provision of a coin controlled mechanism of such a character that winding, or both winding and setting,- of thewatch is prevented bynormally -sur-' rounding the winding stemor crown with a means which is only released to permit access to the stem or crown on deposit of a coin of the proper denomination in the coin controlled mechanism.

In the-annexed drawings, wherein I have illustrated one form which the invention may take in practice I Figure 1 is a perspective view of a complete' savings bank.

Fig. 2 is a sectional view vertically of the bankand coin controlled mechanism.

Fig. 3 is a front elevation, partly in section, showing the details of the coin con trolled mechanism q Fig. 4 is a disassembled view n perspective ,of the J coin controlled mechanism.

In the drawings:

Serial No. 517,087.

The bank, as shown, comprises a cylindrical body 1 having a facial recess 2 cut out in circular form as at 3 to expose therethrough the face 4: of a standard watch 5.

The watch 5 is supported in position from within the body 1 by straps 6, or the like and has its winding stem 7 and crown 8 projecting above the upper edge of the body 1.

The body 1 is closed at thetop by a cover 9 of disc like form having a depending flange 10 which overlaps the exterior of the body 1 and is secured thereto by screws or rivets 11, or other suitable means.

Fastened' to'the under side of the cover 9 is a U-shaped member 12, the sides of which "are bifurcated as shown at 13-13 and 141 1 to form pintle bearings 15-45; the members 141-14: entering properly positioned holes in the cover 9 and being headed over to hold the member 12 in place, while the members 1313-act as stops to space the pintle bearings 1515 the proper distance from the under side of cover 9.

In the bearings 15-15 are journaled the 30 pintles 16-16"of a drop lever 17 which, at

its free end, is shaped to form an enclosing guard 18 servlng, when the drop lever 17 is n its normal raised position as indicated in, Figs. 1 and 2, to encloseor surround the cr0wn' 8 of thewatch 5 in such a manner that the watch cannot be wound by reason of the fact' that the said crown 8 is not accessible for' gripping with the fingers. Thisguard 18 is of elongated form 99 and is provided with an 'opening 20 of only just suflicient diameter to permitthe crown 8 to pass'therethrough. The guard l8projects through an opening 21 in the cover 9 of the bank, said opening being of, proper shape and size to permit free movement of the guard 18 therethrough.

At one side of the guard 18 and in the cover 9 ofthe bank is a coin receiving slot 22, whileat the other side is a push button opening23, the function ofwhich will be hereinafter fully setforth.

Beneath the cover" 9 is a false cover 24 upon which are mounted the slides of the coin controlled mechanism. This false cover '24 is secured to thecover 9 by screws, or the like, 25, 26 and 27 which carry sleeves 28 spacing the false cover 24 from the cover 9.. The false cover 24 has one portion 29 thereof turned down at right angles to form a reinforcement for holding the watch 5 in place; this portion is provided with a cut out 30 and a strap 31 which is set back to compensate for the thickness of the strap 6 and also to bear against said straps so as to reinforce the same.

Between the cover 9 and the false cover 24 are the upper and lower coin slides 32 and 33. I

Th lower coin slide 33 comprises an actuating end 34, a bearing surface 35 resting on the false cover 24 and having a lug 36 projecting through an opening 37, a cut out 38 for engagement with a cam lug 39 on the free end of the drop lever 17, a second bearing surface 40, a coin receiving gate 41 having a coin return preventing guard 42, and a stop end 43, a slot 44 being provided to admit the wedge shaped member 45 on the upper end of the screw 27 and which acts to take the coin out of the gate 41.

On the bottom of the bearing surface 40 is a lug 46 which projects through a slot 47 and connected to this lug is a tension spring 48 which also connects with an ear 49 on the under face of the false cover 24, thus pulling the lower slide 33 always to the extreme left hand position.

The upper slide 32 comprises a flat portion 50 having a cut out 51, said flat portion seating on the lower Slide 33 in such a position that its cut out 51 may be brought into registration with the cut out 38 of the lower slide. The remainder of the upper slide 32 projects upwardly at right angles as indicated at 52 and then outwardly at right angles as indicated at 53 and overliesithe coin gate 41. The portion 53 of the upper slide is provided with a coin slot 54 and a right angle slot 55. A lug 56 on the lower side of the portion 50 of the upper slide is connected by a tension spring 57 with an ear 58 on the upper face of the false cover 24; and this tension spring urges the upper slide 32 toward the left. The under face of the portion 53 of the upper slide 32 is beveled as indicated at 59 for engaging the edge of a coin on the return of the slide toward the left.

With the parts assembled in the position shown in Figs. 2 and 3, with the two slides overlying each other, the normal position of the'slides is to the extreme left where cut outs 38 and 51 register and the coin slot 54 registers with the gate 41 and also with the coin slot 22 in the cover 9. In this position of the slide the coin inserted through the slot 22 enters the slot 54 of the upper slide and passes therethrough and into the gate 41, the coin projecting only slightly above the same; therefore, on movement of the slides to the right the coin will be carried over to a position directly above a relativelywide opening 60 through the; false ov r 24 and a the me einei t ef h slid to theright begins the beveled side of the wedge 45 engages the upper edge of the coin pushing it slightly down, then as the slides start to move back to the left the beveled under side 59 of the upper slide engages the u'pperedg'e of the coin and releases it from the coin gate 41 dropping it through the opening 60. However, with a coin in the gate 41 the slides will move together when pushed to the right and thus the openings or cut cuts 38 and 51 will register thereby allowing the cam lug 39 to enter the cut outs and permit the drop lever 17 to be lowered so that the guard 18 exposes the crown 8 of the watch 5 for winding.

On the return of the slides there will be a differential movement so that the coin will be assisted in its release from the gate 41, and also the edges of the cut cuts 38 and 51 will ride upon the beveled face of the cam lug 39 and project the drop lever.17 to its upward position where it protects the crown 8 against winding or setting of the watch 5.

In order to accomplish the movement of the slides a plunger 61 is inserted in the opening 23 and its upward movement is limited by a shoulder 62 which terminates in a beveled or conical surface 63 for en gagement with the cut out end 34 of the lower slide 33, the upper slide being carried over by the keying action of the coin in the gate 41 as regards the coin slot 54. In order to guide the plunger 61 a stem 64 is provided which runs through a collar 65 onthe false cover 9, said stem carrying a spring 66 for normally projecting the plunger 61 to its uppermost position. The bottom of the bank is of similar form to the top, consisting of simply a disk having a coin receiving slot 67 and a bill receiving slot 68' through which paper moneymay be inserted, either or both of said slots, if desired, being provided with suitable guards to prevent money from being extracted therethrough. The edge of said disk bottom is turned up as indicated at 69 and provided with lugs 70 cooperating with bayonet cut outs 71 provided in the side wall of the body 1. A lock 72 of any suitable form is attached to the bottom and may have latches 73 for engagement with key ways 74 in the side wall of the body 1"to prevent rotation of the bottom of the bankexcept when. unlocked through the use of the key 75.

lVhile, in the foregoing, I have described a specific form of the invention, it is nevertheless to be understood that in carrying the same into practice I may resort to and all modifications falling within the scope of the appended claims.

' I claim 1. .The combination with a bank, of a time piece having stem wind and set, a collar surrounding said stein to prevent use thereof,

and coin deposit controlled slide mechanism for raising and lowering said collar.

2. A bank including a time piece having a winding stem, and a coin controlled Winding stem guard rising substantially axially from beneath said stem to prevent actuation of the stem except on deposit of a coin..

3. A bank including a time piece having a winding stem, and a coin controlled winding stem guard embracing the stem to prevent gripping thereof except on deposit of a com.

4. A bank including a time piece having a winding stem, a stem guard embracing the stem to prevent gripping thereof, and coin controlled slide mechanism dropping the guard away from the stem only on deposit of a coin.

5. A bank including a time piece having a winding stem, a stem guard embracing the stem to prevent gripping thereof, and coin slide mechanism moving the guard to permit winding only during retention of a coin in the slide mechanism.

6. A bank including a time piece having a winding and setting stem, a stem guard embracing the stem to prevent gripping thereof, and slide mechanism having coin retaining means and dropping the guard to permit winding only during retention of a coin in the slide mechanism.

7 A bank including a time piece having a winding and setting stem, a stem guard normally elevated to embrace the stem to prevent gripping thereof, and coin mechanism arranged to drop the guard to permit winding only while the coin is retained thereby.

8. A bank including a time piece having a winding and setting stem, a stem guard normally elevated to embrace the stem to prevent gripping thereof, coin mechanism arranged to drop the guard to permit winding only while the coin is retained thereby, and a coin mechanism actuator.

9. A bank including a time piece having a winding and setting stem, a stem guard normally elevated to embrace the stem to prevent gripping thereof, coin mechanism arranged to drop the guard to permit Winding only while a coin is retained in said mechanism, and a depressible coin mechanism actuator.

10. A bank including a time piece having a winding and setting stem, a guard having a rising and falling movement and protecting said stem from winding when in its elevated position, a pair of coin slides coacting on deposit of a coin therebetween to release said guard for falling movement, and a slide actuating plunger for moving the slides in one direction with the coin retained and allowing the slides tomove in a reverse direction to discharge the coin and lock the stem guard in an elevated position.

In testimony whereof I have hereunto set my hand in the presence of two subscribing witnesses. I

GEORGE D. GALLAGHER.

Witnesses M. H. NnWooMB, JANE M. BARRETT. 

